Special Court designated for Telangana for offences under Income Tax Act u/s 280A & Black Money Act

Special Court designated for Telangana for offences under Income Tax Act u/s 280A & section 84 of the Black Money Act 2015

MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
(Investigation  Division-V)

Notification No. 89/2021

New Delhi, the 4th August, 2021

S.O. 3137(E).-In exercise of the powers conferred by sub-section (1) of section 280A of the Income-tax Act, 1961 (43 of 1961) and section 84 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (22 of2015), the Central Government, in consultation with the Chief Justice of the High Court for the State of Telangana, hereby designates the Court of the Special Judge for Economic Offences-cum- VIII Additional Metropolitan Sessions Judge-cum-XXII Additional Chief Judge, City Civil Court, Hyderabad as the Special Court for the State of Telangana for the purposes of sub-section (1) of section 280A of the Income-tax Act, 1961 and section 84 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition  of Tax Act, 2015.

[F. No. 285/ 19/2021-IT (Inv.V) CBDT]

DEEPAK TIWARI,
Commissioner of lncome Tax (OSD) (INV.), CBDT

• Jewellery converted into solid gold not unexplained or in excess of permissible limit
• A luxury litigant assessee cannot be given a second innings to make good its case – ITAT
• 20% profit rate appropriate on cash deposit in bank representing business receipts – ITAT
• Resolution plan to include a statement of beneficial-ownership of all natural persons
• Change in the address of DRAT, Allahabad with effect from 11.12.2025